As we come to the end of another year, for many around the world, probably the most unpredictable of their entire lives, it is perhaps time to reflect, while trying to make sense and possibly attempt to plan for the future.

Even after a working lifetime involved in tourism, like so many others, we simply are not sufficiently qualified to proffer potential solutions post pandemic, but there are past experiences which tell us that until ‘we’ as a nation find any viable alternatives, that it will largely remain the ‘only game in town’.

Looking back 32 years, we can only admit to being extremely naïve when purchasing a closed semi-derelict small hotel on what was perhaps considered then, as one of the less desirable coastlines of the island.

Hindsight is a wonderful thing of course and despite all the odds including a barrage of bureaucracy (that continues to exist three decades later), uncooperative banks, who often simply did not understand what it takes to make businesses work, merchant traders and suppliers not willing to take any credit risks, we grew the business while contributing around $50 million to the local economy, directly or indirectly.

During that time, we employed people, paid their NIS and met every single Government tax and imposition, despite still being owed tens of thousands of confirmed VAT refunds, dating back from as late as 2013.

Was it easy? Absolutely not!

But if you have a vision that you share with a partner, believe in what you are doing and preparing to work 17 hours a day, seven days a week, then ‘success’, in whatever form you consider that word applicable, is possible.

As we now look on under the new owners and their extensive commitment to massive renovations, which have been underway for weeks, we have no doubt they will take the former Peach and Quiet to another level and build on any ‘success’ that we might have achieved in the past.

Clearly acceptable standards and guest expectations change over the years and our former small hotel reaching almost 50 years since construction, desperately needed upgrading.

The new owners with three generations of proven hand-on hotel ownership and management share our vision and have the sheer determination to ensure the re-named property once again reaches the award winning boutique hotel status we enjoyed.

Personally I have no doubt that our tourism sector will rebound and that we will learn valuable lessons from the pandemic.

What will be absolutely critical to its recovery is that those who have the vision and drive to invest in times like this are given all the support and encouragement to ensure this happens.

It is time for some of our banks to revisit their purpose and for our army of civil servants to carefully evaluate how they can contribute to the national interest.

From our personal experience, there are always notable exceptions to the ‘norm’ and our sincere thanks go out to the incredibly positive response we received from all involved recently at the Central Bank of Barbados.

88 responses to “Adrian Loveridge Column – Simply the Beast Game in Town”

  1. Carson C Cadogan Avatar

    It is 5 days away from Christmas and still no word WHEN OR IF the displaced workers of Barbados will be paid monies due to by Law.

    Their former employers with MILLIONS AND MILLIONS of dollars in their pockets ARE BUSY FPAPAREING FOR A WHITE AND MERRY CHRISTMAS for themselves and their families.

    Without a care for the poor unfortunate displaced workers.


  2. @ Carson

    Are the consultants being paid? By the way, a year ago this month we were told that White Oaks had reached a PROVISIONAL agreement with our external creditors. Has this agreement been finalised yet? Are we still paying White Oaks?
    One consultant was getting Bds$27000 a month; how much is Persaud earning? By the way, there are other wealthy Barbadian fund managers left out of the government loop, why?


  3. There you go! Much better!

    Hope you soon get your VAT back!


  4. The question/statement Adrian posits remains valid. Have we seen the shoots from policies sowed by successive governments to suggest production in non tourism areas will be enough to move the GDP needle?


  5. @Hal

    External creditors have not been paid, why do you think Barbados Scotiabank sale to T&T Republic Bank has not progressed. Scotia holding off on this sale until they receive the agreed to settlement.


  6. @Wily

    You persist with your assertion when market practice in the financial sector as regulated by the FSC is that no entity should have more than 50% concentration of assets. This has been debated many times on BU.


  7. @ Wily

    It is clear that there is still a lot of unfinished business. What is really upsetting is that we have a government that treats the people with total contempt, they do not think they have any right to explain or apologise.
    Yet the leader comes out with obvious fabrications, rhetorical duplicity, as if politics outstrips honesty. This is true on every aspect of policy, and is totally different to differences about policy. There is no policy.
    Is anyone doing an audit on this government since May 2018? I have called for a total government balance sheet, but so far no supporters.


  8. @ Hal

    They too busy worrying about what the new more contagious covid 20 will do to the golden child of tourism now in terms of recovery.

    If wunna had started 9 months ago with a diversification plan into agriculture and alternative energy we wouldn’t be at the devil’s gates now!


  9. Yes, a ‘beast” of a game! What a Freudian slip. Revealing the national subconscious.

    Where are the 11-plus boys and girls pretending as if linguistic police.


  10. Hal when one asked questions which are relevant to the financial governance of this country
    Some here says to “Stop it”
    Really can’t understand how one would not pursue good diligence from their govt borne out of accountability and Transparency


  11. @ John A

    It is painful that we have a highly intelligent government, at least on paper, that is lost in terms of policy and in terms of political ethics.
    There is nothing magical about a workable economic policy to drive the economy in a time of serious crisis. It is just that we have a leader who takes control of every decision, but not responsibility.


  12. @ David

    Former tourism minister Richard Sealy said the current BLP administration isn’t doing enough to revive to tourism industry.


  13. CCC

    There is no law that say the worker must get their severance before Xmas or new year
    But we understand why they would they and you would want it to be paid by Xmas .

    Let’s be our brother keepers and put our money where our mouths is
    For every Bajan dollar you donate in will match it US $2

    Now let us see how much you really care
    Or if you are just an empty vessel

    You donation must be verified


  14. @Mariposa

    It appears as if there is an organised attempt to marginalise you by trivialising your sensible contributions. The problem is you are far better informed than your critics, judging from their various contributions on BU.
    If the attacks on you are not organised they are the obvious outcomes of learning by rote. You may also notice they also attack anyone who agrees with anything you say.
    I am sure you pay close attention to the various critics: those who are passive/aggressive, the nit-pickers, the cyber bullies, the cognitively impaired, those who are angry because of the limitation of their own education, etc.
    Keep on doing what you do. It makes enormous sense. I admire you.


  15. @Hal

    So far we have a basic shutdown of travel out of Europe with Canada following close behind them. forget the USA they never got covid 19 under control far less a new one.

    Just rememeber one thing Boris said and it was ” I know the country this new virus came from but will not say at this time.” This confirms the virus is already outside the UK and as a result spread has already started.

    I am just totally frustrated with the fact that 9 months into this dam thing there is no clear plan in place for diversification of our economy. On top of that we have covid 20 out there that is 70% more contagious and as a result has caused the closure of our major markets. So when will this goverment understand that we can no longer depend on tourism as our main money earner and act accordingly?


  16. @Artax

    The topic says tourism is the only game in town. What a way for Sealy to remain relevant as he test opinion to see if he can claw his way back from the political dust bin.


  17. @ John A

    The virus is outside London and the UK. At present, all we are hearing is that the president has magically got control of CoVid, but no-one is saying how.
    You may remember the CoVid economic task force, which had eight sub-committees and was given four months to come up with suggestions. Whatever happened to that task force?
    Instead of having serious discussions about policy, we prefer to drift in to personal abuse. Where is the opposition party, the media, the academics, the members of the task force?


  18. Why not lead the discussion retired journalist?


  19. @JohnA
    “70% more contagious”….where did this come from?


  20. Quarantine at the Crane.


  21. @ John A

    Politicians and medical scientists in the UK are frightfully scared of this new variant. You are right about it being 70 per cent more contagious, what is not clear yet is if the new vaccines will work against it.
    Would you believe that young people are still having illegal parties, not wearing facial masks and are generally behaving badly?
    Johnson is out of his depth. It shows that leading a country calls fora more than flowery speeches and hand waving. It calls for decision-making and an ability to reason. Sound familiar?


  22. @ John A @ Hal
    Archived copies of BU would note that I often described Stuart as indolent and Mottley as vacuous.
    Those words were not chosen lightly. I am still to learn what distinguished Mottley as a Minister. Will reserve comment about her as PM. It’s a bit too soon.
    So far, her leadership has been all PR. when it comes to the economy.
    The country is going no where at record speed.


  23. @ David
    Was Sealy a successful Minister of Tourism or not? That is the question. Whether he emerges from the political dustbin, is up to the voters.
    What are the main accomplishments of the one (Simmons)who held the portfolio for two full years after Sealy got kicked into political oblivion?


  24. (Quote):
    You may remember the CoVid economic task force, which had eight sub-committees and was given four months to come up with suggestions. Whatever happened to that task force? (Unquote).
    ++++++++++++++++++++++++++++++++++++++++++++++

    That’s a valid question which many might wish to avoid or describe as another attempt at “throwing shade”.

    Aren’t the electioneering of that much touted principle of transparency and the call for “all hands on deck” to save Barbados relevant anymore especially with the strong possibility that there will be NO winter ‘tourist season’ which represents the annual harvest of the country’s forex earning efforts?

    Would BA & VA be bringing in the thousands of those much needed forex-spending snowbirds out of the UK now threatened with a more potent strain of Covid-19 which, it seems, has been given a new pair of wings compliments to the ‘invisible’ Red bull with 20:20 vision?

    Wouldn’t such a forex crop failure pose a tremendous challenge on the country’s ability to defend its much vaunted 2:1 currency peg to the greenback?


  25. Fellows all we know is that according to the BBC the new virus is 70% more contagious. Whether the vaccines will work on it and if so for how long is an unknown. What percentage of people catching it will be asymptomatic they also don’t know.

    What we know is Antigua and Grenada are closing their doors to flights out the Ok in the next few days. We also know the UK is under lock down and they are our most profitable destination.

    So again I ask what is plan B based on what this means to our tourism revenue this winter. Also will we be following our neighbours and closing the doors to the UK or will be use the wait and see approach?


  26. @John A

    An alarming development and one that will further setback service economies in the region.


  27. @ John A

    It is 70 per cent more contagious, according to the medical scientists.


  28. @ Hal

    Yes that is what the medical experts reported in the BBC report, everything else is an unknown in terms of resistance to vaccine etc. at this stage.


  29. @ John A

    Boris is giving a press conference in about 15 minutes. Forty countries have now banned movement from the UK. Things are looking very bad.
    Barbados should package and sell their epidemiological model. It is the politics of over-promising and under-delivering.


  30. @ Hal

    Are you all now currently at tier 4 lock down yet or will that come you think in the press conference?


  31. There you go throwing shade on Barbados per usual. It is not only Barbados in the region managing a Covid flatline.


  32. @John A

    Only London and parts of the South East. The tier levels vary all over the country. But Boris is out of his league, battling between saving lives and saving livelihoods.
    The vast majority of Londoners are not native Londoners; they come from overseas and the provinces. So, if we have a new variant in London, then it will almost certainly be not only in the provinces, but all over the world. Sydney is also on lockdown.
    Have a look at how the president is trying to save tourism and lives, something has got to give. I am still waiting to see the monthly mortality figures for 2019 and 2020.
    I am waiting to hear the latest from Boris. The lesson: politicians who talk a lot but do nothing are not reliable leaders.


  33. Alarming ? Yes

    But I don’t see why Barbados cannot continue its course with the protocols they have in place that are successful so far. And we seems to be well prepared for a worst case scenario.

    I don’t think anyone expected a “full” winter season this year


  34. The blogmaster listened to Boris and the takeaway is that this variant although more easily transmitted current treatments will apply.


  35. Hal i do not watch Tv hardly read news unless it is something of real importance
    Most of my comments are influence through observation
    Hence some on BU finds it hard to understand my sense of reasoning
    As the pandemic increases across international countries and small islands
    I remain steadfast an opponent to opening of borders
    Movement as such rapid pace does not decrease the contagious effect of the virus
    In as much as barbados contains the virus in limited form
    The financial fall out is going to a reality this small island cannot bear

  36. Carson C Cadogan Avatar

    These INDIANS are something else.

    A young Lady worked for them on Sunday 20-12-2020. From 8.00am to 7.00pm and they looked at her and gave her $60.00 Barbados dollars for all her hard work.

    “NICE INDIANS” exploiting BLACK BARBADIANS.

  37. Carson C Cadogan Avatar

    Hal

    All the “consultants” have been paid their exorbitant salaries for the YULTIME SEASON , MIA AMOR MOTTLEY made sure of that They can buy whatever they want for Christmas. They can enjoy their WHITE CHRISTMAS to their heart content.

    But THE BLACK BARBADIAN SLAVES are yet to be paid their just dues by law. And probably they never will be paid. Their former employers WITH MILLION S OF DOLLARS in their refuse to pay them on the Eve of Christmas. They will have a very bleak and despondent Christmas.

    That is how they TREAT BLACK BARBADIANS in Barbados While TREATING “THE BAJANS BY CHOICE” like they
    come down form HEAVEN. And the other 3% MEMBERS of the Barbadian population, THE WHITE AND INDIANS treated with total adulation.

    5 races

  38. Carson C Cadogan Avatar

    john2

    You think that BLACK BARBADIANS SHOULD NOT BE PAID AT ALL.


  39. @ Carson

    I do not believe in violence, but employees of the big hotels who refuse to pay severance should go the the boss’ home and picket it. Make their lives a misery.

  40. Carson C Cadogan Avatar

    John2

    You think that all BLACK BARBADIANS want is a “hamper” , charity from others. They are working for their monies. If they wanted charity , they would have stayed at home. WHITE BAJANS AND INDIANS WHO OWE THEM THEIR MONIES SHOULD BE LET OFF THE HOOK as far as you are concern.

    Don’t pay them what you owe them , the other Bajans will chip in with a handout.

    That is all BLACK BARBADIANS want , they don’t want what monies are due to them. You can take that monies and spend it ON YOUR WHITE BAJAN AND INDIAN FAMILIES.

    I DONT KNOW WHY SOME BLACK PEOPLE HATE BLACK PEOPLE SO.

    I bet that MIA AMOR MOTLLEY and her pregnant and the former employers have all been paid the monies due to them for Christmas?????

  41. Carson C Cadogan Avatar

    should be “cabinet” on line 8


  42. Australia, Denmark and the Netherlands have all confirmed they have cases of the virus to The Washington Post. The virus therefore is not only in the UK anymore. ITALY believes they have cases too which resulted from Italians returning from the UK over the past few days.

  43. Carson C Cadogan Avatar

    MIA AMOR MOTLLEY spoke about the Tourism Industry, not a word about when DISPLACED BLACK WORKERS would get their monies or if they will ever it. She was only placate the Hotel owners.

    Jeffrey Bostic spoke to the Nation as well. Not a word about when the displaced workers would get their monies or if they will ever it. He was just trying to placate the Hotel owners

    These are the the BLACK BARBADIANS who went out in their number and voted the Barbados Labour Party into office. Now no one cares about their plight. They were only useful at General election and bye election time.

    However I hope that MIA AMOR MOTLLEY realises that 97% of people of this Barbados population is BLACK BARBADIANS. They are not enough of the 3% of the Barbados population of WHITE BAJANS AND INDIANS to return her to Govt.

    They can supply tons of Dollars because they have it to help out her but this will not always work.


  44. ccc

    I am all fir the workers getting their money plus interest

    I however would also like them to have a “white” according to you Xmas

    I they don’t get ther money at least they will have something – especially if they have children

    If the get their severance the day before Xmas then the will have a whiter Xmas

    Stop twisting this and trying to make it about me

    Lead by example
    Show where your heart really is
    Until then you are only braying because u can and is not making any difference to the rich whites or the poor unemployed black

    Time to $tep up or shut shut
    You are coming over as a fraud. Not much different from employers. Heartless

  45. Carson C Cadogan Avatar

    john2

    You are happy they are not being paid dont try to fool the public.

    Their former employers are right to not pay them as far as you are concerned.

    You are hoping that they have a bleak Christmas. That their former employers do not meet their responsibilities,


  46. Ccc

    You are copping out and looking for excuses

    FRAUD

    If you think that is what I would like does not mean that you cannot give to at least one person

    Fraud u r


  47. John 2

    Spot on!

  48. Carson C Cadogan Avatar

    It is said by the Govt. that former workers are owed over $300 million Barbados dollars. Do you realised what this amount of money can achieve?? Do you realised that this money can can pay all your bills and still have enough left over to stat many ventures??? These people if they walk into a Bank on Broad Street to borrow this kind would be treated with scorn and disdain by the Bank Manager but it would be given to white people with out batting an eyelid????

    That is why the former workers are not being paid. The 3% people see them as a threat to them. BLACK BARBADIANS ARE NEVER to have money. They must always be kept poor. You don’t see it??? Blind man???


  49. @ John2 December 21, 2020 1:08 PM
    “I don’t think anyone expected a “full” winter season this year..”
    ++++++++++++++++++++++++++++++++++++++++++++++++

    Then you ought to be prepared to revise your overly optimistic forecast of an economic recovery =>7%.

    If airplanes loaded with tourists do not arrive from the UK it could be even worse than 20 20; vaccine or no vaccine available to the Bajan population already ridden with NCDs.


  50. @ Miller

    Don’t get caught up in that 7 % growth in 2021 lot of talk. Well Cuhdear if 2020 was 30% down on 2019 and 2021 you hoping is 7% better than 2020 what you really saying at all?

    When all said and done you still would be down 23% on 2019 when you had the 40,000 that home employed. Them grand statements must be taken in perspective. In other words up 7% in relation to the worst year wunna had in 20 years, dat is what you happy bout? So the question then that must follow would be when do you expect to get back to the level of economic activity we were at in 2019 pre covid? Looking like 2024 then based on their projections and that is based on assuming the ecomomy can grow 7% roughly for 2022 through to 2024!

    Numbers without perspective is pointless.

The blogmaster invites you to join the discussion.

Trending

Discover more from Barbados Underground

Subscribe now to keep reading and get access to the full archive.

Continue reading